Barnsley are the latest English football club to be come under foreign ownership.

The Tykes have confirmed that after months of engaging in discussions with a consortium, the club has now agreed a deal, which has also been approved by the Football League.

The Cryne family had led the Oakwell club for 14 years, but will make way for investors which comprises NewCity Capital and Pacific Media Group, and the new owners were in the stands at Brentford on Saturday to watch Paul Heckingbottom’s Reds end a run of five straight defeats with a 0-0 draw.

Barnsley's Oakwell stadium

“We would like to thank every member of our loyal fan base for their patience and continued support over recent months,” said new chief executive Gauthier Ganaye. “An exciting chapter is opening for Barnsley Football Club and we are looking forward to the future together."

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“Similar to our investment in OGC Nice, we expect to further enhance the academy, playing squad, commercial operations and fan experience of Barnsley Football Club,” added co-chairman Paul Conway.

"Barnsley has some of the most passionate fans in England and we look forward to meeting many of its supporters in the upcoming weeks."

Oakwell (Image: Getty)

“We are very excited to partner with the Cryne family and invest in Barnsley Football Club,” said Chien Lee, co-chairman. “The Cryne family have exhibited spectacular leadership building Barnsley Football Club over the last 14 years and we are excited to join them to further the growth of the club.”